Sharkey Howes & Javer Has $7.83 Million Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Sharkey Howes & Javer increased its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 42,883 shares of the company’s stock after buying an additional 705 shares during the quarter. Invesco NASDAQ 100 ETF accounts for approximately 1.3% of Sharkey Howes & Javer’s holdings, making the stock its 19th largest holding. Sharkey Howes & Javer’s holdings in Invesco NASDAQ 100 ETF were worth $7,834,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cutter & CO Brokerage Inc. raised its stake in shares of Invesco NASDAQ 100 ETF by 9.7% in the 4th quarter. Cutter & CO Brokerage Inc. now owns 2,805 shares of the company’s stock valued at $473,000 after purchasing an additional 247 shares during the period. Apexium Financial LP raised its stake in shares of Invesco NASDAQ 100 ETF by 18.1% in the 4th quarter. Apexium Financial LP now owns 44,561 shares of the company’s stock valued at $7,510,000 after purchasing an additional 6,820 shares during the period. US Bancorp DE raised its stake in shares of Invesco NASDAQ 100 ETF by 16.8% in the 4th quarter. US Bancorp DE now owns 75,383 shares of the company’s stock valued at $12,705,000 after purchasing an additional 10,860 shares during the period. Cary Street Partners Investment Advisory LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at about $2,008,000. Finally, ICA Group Wealth Management LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 24.0% in the 4th quarter. ICA Group Wealth Management LLC now owns 23,424 shares of the company’s stock valued at $3,948,000 after purchasing an additional 4,530 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM traded up $2.07 during midday trading on Tuesday, hitting $200.40. The stock had a trading volume of 1,094,771 shares, compared to its average volume of 1,723,001. The firm has a market cap of $25.99 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. The company has a 50 day simple moving average of $187.70 and a two-hundred day simple moving average of $179.98. Invesco NASDAQ 100 ETF has a twelve month low of $140.84 and a twelve month high of $200.47.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were issued a $0.3199 dividend. This represents a $1.28 annualized dividend and a dividend yield of 0.64%. The ex-dividend date of this dividend was Monday, June 24th.

About Invesco NASDAQ 100 ETF

The Invesco NASDAQ 100 ETF (QQQM) is an exchange-traded fund that is based on the NASDAQ-100 index. The fund is passively managed to track a modified-market-cap weighted narrow index of 100 NASDAQ-listed stocks, excluding financials. QQQM was launched on Oct 13, 2020 and is managed by Invesco.